ORBCOMM Continues International Expansion

ORBCOMM Continues International Expansion
ORBCOMM services now available in five additional Caribbean countries
Business Wire
ROCHELLE PARK, N.J. -- May 07, 2013
ORBCOMM Inc. (Nasdaq: ORBC), a global cellular and satellite data
communications company specializing in two-way Machine-to-Machine (M2M)
communications and solutions, today announced that its satellite data
communications services are now available in Belize, Cayman Islands, Trinidad
and Tobago, Turks & Caicos, and the British Virgin Islands.
“This expansion of ORBCOMM service availability in the Caribbean region allows
us to meet existing customer market access priorities, recruit new VARs and
introduce ORBCOMM-based M2M solutions to key vertical markets in these
countries,” said Christian Allred, ORBCOMM’s Senior Vice President of
International. “International expansion continues to be a significant
component of future growth at ORBCOMM as it provides our customers new sales
channels with local providers. We continue to work toward securing approvals
in other key regions around the world to further expand our global presence.”
About ORBCOMM Inc.
ORBCOMM is a leading global cellular and satellite data communications company
specializing in Machine-to-Machine (M2M) communications and solutions. Its
customers include Caterpillar Inc., Doosan Infracore America, Hitachi
Construction Machinery, Hyundai Heavy Industries, Asset Intelligence (a
division of I.D. Systems, Inc.), Komatsu Ltd., Manitowoc Crane Companies,
Inc., and Volvo Construction Equipment among other industry leaders. By means
of a global network of low-earth orbit (LEO) satellites and accompanying
ground infrastructure, ORBCOMM’s low-cost and reliable two-way data
communication services track, monitor and control mobile and fixed assets in
our core markets: commercial transportation; heavy equipment; industrial fixed
assets; marine; and homeland security. ORBCOMM based products are installed on
trucks, containers, marine vessels, locomotives, backhoes, pipelines, oil
wells, utility meters, storage tanks and other assets.
ORBCOMM is an innovator and leading provider of tracking, monitoring and
control services for the refrigerated transport market. Under its
ReeferTrak^®, GenTrak^TM, and CargoWatch^TM brands, the company provides
customers with the ability to proactively monitor, manage and remotely control
their refrigerated transport assets. Additionally, ORBCOMM provides Automatic
Identification System (AIS) data services for vessel tracking and to improve
maritime safety to government and commercial customers worldwide. ORBCOMM is
headquartered in Rochelle Park, New Jersey and has its network control center
in Dulles, Virginia. For more information, visit www.orbcomm.com.
Forward-Looking Statements
Certain statements discussed in this press release constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements generally relate to our plans,
objectives and expectations for future events and include statements about our
expectations, beliefs, plans, objectives, intentions, assumptions and other
statements that are not historical facts. Such forward-looking statements,
including those concerning the Company’s expectations, are subject to known
and unknown risks and uncertainties, which could cause actual results to
differ materially from the results, projected, expected or implied by the
forward-looking statements, some of which are beyond the Company’s control,
that may cause the Company’s actual results, performance or achievements, or
industry results, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements. In addition, specific consideration should be given to various
factors described in Part I, Item 1A. “Risk Factors” and Part II, Item 7.
“Management’s Discussion and Analysis of Financial Condition and Results of
Operations,” and elsewhere in our Annual Report on Form 10-K for the year
ended December 31, 2012, and other documents, on file with the Securities and
Exchange Commission. The Company undertakes no obligation to publicly revise
any forward-looking statements or cautionary factors, except as required by
law.
Contact:
Investor Inquiries:
ORBCOMM Inc.
Robert Costantini, 703-433-6305
Chief Financial Officer
costantini.robert@orbcomm.com
or
Media Inquiries:
The Abernathy MacGregor Group
Chuck Burgess, 212-371-5999
President
clb@abmac.com